Dev Accelerator IPO GMP: Day 1 IPO Live Updates

Posted by : sachet | Thu Sep 11 2025

Check Expert’s Verdicts on Dev Accelerator IPO

The Dev Accelerator IPO GMP is ₹9 as of 10th September 2025. It is a bookbuilding IPO of ₹143.35 crores. This is an entirely fresh issue of 2.35 crore shares. The issue will be listed on BSE and NSE on its tentative listing date, 17th September 2025. The face value of Dev Accelerator shares stands at ₹10 per share, and the IPO price band is set at ₹56.00.00 to ₹61.00 per share. Retail investors can bid for a minimum of 1 lot of 235 shares worth ₹14,335.

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Dev Accelerator IPO Grey Market Premium

As of 10th September 2025, Dev Accelerator IPO GMP stands at ₹9 per share, thus, the estimated listing price would be ₹70. This indicates that the estimated listing gain in this IPO could be 14.75%. However, GMP details are subject to change based on market conditions and fluctuations. Explore the table for the Dev Accelerator IPO GMP updates.

GMP Date	IPO Price	GMP	Estimated Listing Price	Estimated Listing Gains
10-09-2025	₹61.00	₹9.00	₹70.00	14.75%
09-09-2025	₹61.00	₹9.00	₹70.00	14.75%
08-09-2025	₹61.00	₹10.00	₹61.00	16.39%
07-09-2025	₹61.00	₹9.00	₹70.00	14.75%
06-09-2025	₹61.00	₹9.00	₹70.00	14.75%
05-09-2025	₹61.00	₹9.00	₹70.00	14.75%
04-09-2025	₹61.00	₹0.00	₹61.00	0.00%
03-09-2025	₹61.00	₹0.00	₹61.00	0.00%

Dev Accelerator IPO Details

IPO Open Date	10th September 2025
IPO Close Date	12th September 2025
IPO Allotment Date	15th September 2025
Refund Initiation	16th September 2025
Issue Size	2,35,00,000 shares(aggregating up to ₹143.35 Cr)
Face Value	₹2 per share
Lot Size	235 shares
Issue Price Band	₹56.00 to ₹61.00 per share
Issue Type	Bookbuilding IPO
Listing At	BSE & SME
Listing Date	17th September 2025

Explanation

Dev Accelerator IPO: Dev Accelerator Limited has declared that the issue price band is set at ₹56.00 to ₹61.00 per share. With this IPO, the company allows retail investors to bid for one lot of 235 shares worth ₹14,335. The face value of Dev Accelerator Limited shares is ₹2 per share. The shares of Dev Accelerator Limited will be listed on BSE and NSE on its tentative listing day, 17th September 2025. Scroll down to view GMP updates and reviews of the Dev Accelerator IPO.

Objectives of the Dev Accelerator IPO

The primary aim of the Dev Accelerator IPO is to raise ₹143.35 crores. On the other hand, Dev Accelerator has decided to utilise these funds in different ways. Explore some of the secondary objectives for the Dev Accelerator IPO.

To Capital expenditure for fit-outs in the new Centres and for security deposits of the new Centres.
To Repayment and/or pre-payment, in full or part, of certain borrowings availed by our Company, including redemption of NCDs.
For general corporate purposes.

Dev Accelerator IPO Registrar

Kfin Technologies Limited is the registrar of the Dev Accelerator IPO, responsible for managing the allotment procedure and initiating refunds. For any queries regarding the Dev Accelerator allotment and refund, you can contact Kfin Technologies at reachus@kfintech.com or 04067162222, 04079611000.

Dev Accelerator IPO Review

The Dev Accelerator IPO has gained neutral ratings from industry experts, brokers, and institutional investors.Dev Accelerator Limited’s revenue increased by 62% from ₹110.73 crores in March 2024 to ₹178.89 crores in March 2025. Moreover, the company’s PAT rose by 303% from ₹0.43 crores to ₹1.74 crores. Investors can analyse other relevant factors and make a decision accordingly.

Most analysts recommend applying for this IPO to diversify your investment portfolio in the stock market. However, we’re waiting for further ratings to gain a better understanding and will continue to post them to deliver real-time insights. Until then, you can explore the company’s technical analysis to know whether you should apply for the Dev Accelerator IPO or not.

Dev Accelerator Limited Technicals

Key Indicators	Value
PE Ratio (Price-to-Earnings)	233.25
EPS (Earnings Per Share)	0.26
RoNW	3.24%
ROCE	25.95 %
ROE	–
EBITDA Margin	50.64%
Price to Book Value	7.94
Market Capitalisation	₹550.14 Cr

The PE ratio of Dev Accelerator Limited shares is 233.25, and its Earnings Per Share (EPS) stands at ₹0.26. Thus, the Dev Accelerator IPO can potentially deliver gains on its tentative listing date, 17th September 2025.

Note: The data, as mentioned above, is taken from authentic sources and highlights pre-issue information. The PE ratio and EPS of Dev Accelerator Limited are subject to change after the IPO. Refer to the table below for post-issue updates on these two metrics.

Indicators	Pre-IPO	Post-IPO
PE Ratio	233.25	315.45
EPS	0.26	0.19

Dev Accelerator Limited IPO Peer Comparison

Company Name	EPS	P/E Ratio	RoNW	Face value	Revenue
Dev Accelerator Limited	0.27	233.25	3.24	₹10	159
Awfis Space Solution Limited	9.75	60.95	14.78	₹10	1,261
Smartworks Coworking Spaces Limited	-6.18	-74.04	-58.56	₹10	1,410
Indiqube Spaces	-7.65	-0.24	–	₹1	1,103

FAQs on Dev Accelerator IPO

What is the GMP of the Dev Accelerator IPO?

Ans. Currently, on 10th September 2025, the Dev Accelerator (Grey Market Premium) stands at ₹9. This indicates that the estimated listing price could be ₹70 per share.

What is the issue price of the Dev Accelerator IPO?

Ans. The Dev Accelerator IPO price is set at ₹56.00 to ₹61.00 per share. Retail investors can apply for a minimum of 1 lots consisting of 235 shares worth ₹14,335. Moreover, HNIs are required to bid for a minimum of 14 lots (3,290 shares) worth ₹2,00,690.

Who is the registrar of the Dev Accelerator IPO?

Ans. Kfin Technologies Limited is the registrar of the Dev Accelerator IPO, responsible for managing the allotment procedure and initiating refunds. For any queries regarding the Dev Accelerator allotment and refund, you can contact Kfin Technologies at reachus@kfintech.com or 04067162222, 04079611000.

Disclaimer: The above information is compiled from authentic sources and is just for informational purposes. To have detailed information about the Dev Accelerator IPO, download the Dev Accelerator IPO RHP and Dev Accelerator IPO DRHP. Conduct thorough research before investing in IPOs to minimise the risk of significant losses. You can also consult your financial advisor.